Here's one of the trade's that I entered before the market closed which I am currently holding. As you can see, the price has interacted with my entry zone which is currently the support level, I believe that the support level will be respected, considering the fact that this zone is an area of confluence. The purple line is a long-term resistance trend line which price also broke above and is now currently retesting. I may add smaller positions to my entry if the price is able to remain above the support and trend line.
This is not a trade signal, but a trade idea.
This is not a trade signal, but a trade idea.
Trade closed: stop reached
Stopped-out but at least risk was managed.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.